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News Breaks
February 9, 2010
06:20 EDTVZ
theflyonthewall.com: Verizon upgraded to Market Perform from Underperform at Bernstein
Bernstein upgraded Verizon citing relative valuation. Target to $27 from $25. :theflyonthewall.com



News For VZ From The Last 14 Days
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February 9, 2012
11:29 EDTVZ
theflyonthewall.com: AT&T defend 'throttling' policy for top data users, NY Times says
AT&T's (T) previously announced plan to temporarily reduce the speeds of its “top 5%” of heavy unlimited data users has only recently resulted in warning letters to customers, according to the New York Times, and the phone provider defended the plan as not that restrictive. Reference Link :theflyonthewall.com

February 8, 2012
07:47 EDTVZ
theflyonthewall.com: Verizon Wireless rerunning double data deal for 4G LTE users, All Things D says
Verizon Wireless (VZ, VOD) will bring back an offer it ran previously that gives new buyers of 4G LTE phones double the amount of data for the same price, reported All Things Digital, confirming that for a limited time qualified subscribers will get 4 gigabytes of data per month for $30. Reference Link :theflyonthewall.com
06:57 EDTVZ
theflyonthewall.com: LightSquared seeking restrictions on GPS devices, The Hill reports

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05:52 EDTVZ
theflyonthewall.com: Verizon, BT make video conferences more accessible to businesses globally
To meet the growing demand of businesses for video communications, BT (BT) and Verizon Enterprise Solutions (VZ) are extending the range of their telepresence immersive-video offerings to enable virtual face-to-face collaboration in more locations around the world. Under a new agreement, customers of Verizon and BT are now able to communicate with each other via Cisco TelePresence. This new capability expands the community, helps clients collaborate globally and improves productivity. :theflyonthewall.com

February 7, 2012
13:58 EDTVZ
theflyonthewall.com: DOJ to investigate Redbox, Verizon deal, DealReporter says

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11:09 EDTVZ
theflyonthewall.com: Verizon files $10B mixed securities shelf

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10:19 EDTVZ
theflyonthewall.com: Verizon offering buy one, get one free deal on Droid Razrs, LA Times says

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February 6, 2012
17:08 EDTVZ
theflyonthewall.com: Coinstar "particularly excited" about Verizon joint venture

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16:23 EDTVZ
theflyonthewall.com: On The Fly: Closing Wrap

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12:15 EDTVZ
theflyonthewall.com: On The Fly: Mid-Day Wrap
Stocks on Wall Street were lower at mid-day, with the weakness attributed to concern over the failure for Greece and "the troika" to agree on terms of a budget that will trigger additional bailout funds for the troubled nation. The averages have moved in a very narrow range since the open, as investors await news out of Europe. There has been little in the way of U.S. economic news as the market digests its gains from Friday, following the better than expected monthly jobs report... ECONOMIC EVENTS: In the U.S., little market moving economic data was released. Europe's markets were lower following another missed deadline by Greece... MARKET NEWS: Shares of Coinstar (CSTR) advanced, while rival Netflix (NFLX) retreated, after Coinstar's Redbox unit and Verizon (VZ) announced that they would form a movie rental joint venture. Also of note, Coinstar reports earnings after today's close... Humana (HUM) reported Q4 earnings and revenue that missed estimates, but did raise its FY12 view. However, even its higher bar does not meet Street expectations... MAJOR MOVERS: Among the notable gainers were O'Charley's (CHUX), which is being purchased by Fidelity National Financial (FNF) for $9.85 per share, and Threshold Pharmaceuticals (THLD), after signing a global agreement with Merck KGaA (MKGAY) to co-develop and commercialize TH-302, Threshold's small molecule hypoxia-targeted drug. Noteworthy losers included Sohu.com (SOHU), after its earnings and revenue beat expectations but its guidance was disappointing, and Changyou.com (CYOU), following a similar report with good news from the previous quarter but cautionary statements about the next one... INDICES: Near noon, the Dow was down 42.61, or 0.33%, to 12,819.62; the Nasdaq was down 7.07, or 0.24%, to 2,898.59; and the S&P 500 was down 2.87, or 0.21%, to 1,342.03. :theflyonthewall.com
10:03 EDTVZ
theflyonthewall.com: Netflix sinks after Verizon announces joint venture with Redbox
Netflix (NFLX) is retreating after Verizon (VZ) and Coinstar (CSTR) announced that they would form a movie rental joint venture. Expected to launch in the second half of 2012, the joint venture will combine the kiosks of Coinstar unit Redbox with a new video on-demand streaming and download service from Verizon. The joint venture will also sell subscriptions, the company said. In December, there was speculation that Verizon would look to acquire Netflix. Verizon subsequently denied that it had any interest in buying Netflix, but there may have still been some speculation that such a deal could take place in the future. In addition to creating more competition for Netflix, Verizon's deal with Coinstar may have dampened speculation about an acquisition of Netflix by the telecom company. However, Yahoo executives discussed acquiring Netflix before the latter company's stock price rallied over the last several weeks, All Things D reported today. In early trading, Netflix declined $3.81, or 3.01%, to $122.62. Meanwhile, Coinstar (CSTR) added 1.10% to $50.20. :theflyonthewall.com
09:46 EDTVZ
theflyonthewall.com: Coinstar and Verizon hold a joint conference call

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08:58 EDTVZ
theflyonthewall.com: Coinstar trades up on Verizon joint venture, resistance is at $54.12

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08:40 EDTVZ
theflyonthewall.com: Verizon and Coinstar's Redbox form joint venture
Verizon (VZ) and Coinstar (CSTR) announced the formation of a joint venture that will create a new choice for quality- and value-conscious consumers seeking a simple and affordable way to access the video entertainment they crave. The venture's services will offer all of the convenience, simplicity and value of Redbox new release DVD and Blu-ray Disc rentals combined with a new content-rich video on-demand streaming and download service from Verizon. The joint venture plans to introduce the product portfolio in the 2H of 2012. It will offer subscription services and more in an easy-to-use, flexible and affordable service that will allow all consumers across the U.S. to enjoy the new and popular entertainment they want, whenever they choose, using the media and devices they prefer. Additional brand and product information will be revealed in the coming months. :theflyonthewall.com
07:02 EDTVZ
theflyonthewall.com: Verizon and Health Evolution partner on connected health information technology

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06:01 EDTVZ
theflyonthewall.com: DISH, Verizon spectrum deals facing resistance at FCC, says Deutsche Bank

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February 2, 2012
07:08 EDTVZ
theflyonthewall.com: Senate to look into Verizon Wireless, Comcast alliance, WSJ reports

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06:19 EDTVZ
theflyonthewall.com: On the Fly: Periodicals Wrap-Up

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January 31, 2012
07:43 EDTVZ
theflyonthewall.com: Sales of Apple's iPhone beat Google's Android in Q4, Bloomberg reports

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06:59 EDTVZ
theflyonthewall.com: Verizon Wireless deals may compete with Verizon Communications, WSJ reports

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January 30, 2012
13:30 EDTVZ
theflyonthewall.com: Internal docs could mean Verizon shared data plan to launch soon, engadget says
Verizon (VZ), which has previously said it plans a shared data solution for 2012, may be getting nearer to launching the offering, reported engadget, citing a source that provided screen shots of internal training materials. Reference Link :theflyonthewall.com
10:31 EDTVZ
theflyonthewall.com: Verizon Wireless invests $150M in Indinaia

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